Grossman LLP

Welcome to Grossman LLP

Grossman LLP is a boutique litigation law firm representing individual and corporate clients in a wide range of matters, including art law, complex commercial disputes, and securities litigation.

ART LAW BLOG
Proposed Tax Plan May Do Away With Like-Kind Exchanges For Artwork

Back in 2015, during the Obama Administration, we wrote about a tax proposal that could have eliminated a federal tax code mechanism frequently used by art investors to defer tax consequences from art transactions.  Ultimately, that proposal did not become law.  But now, a recently-released tax plan offered by Congressional Republicans could put the same mechanism back on the chopping block, at least in terms of art deals.  And if the plan becomes law, this change could have major implications for the high-end art market.

ANNOUNCEMENTS
08/01/2017

Judd Grossman Appears on CNBC to Discuss Art Authentication

Firm's founder speaks about the processes involved in determining the origin and authenticity of artwork and collectibles.

08/01/2017

Grossman LLP Scores Major Victory for Peter Beard

Earlier this summer, a New York state court published a written opinion granting summary judgment to famed artist, Peter Beard, in an important lawsuit that will cause art-market participants to think twice before entering into hand-shake deals.